(MENAFN- EIN Presswire)
Nanotechnology in Energy
Nanotechnology in energy market is projected to surpass USD 384.8 million by 2030
The Nanotechnology in Energy Market is anticipated to witness robust growth due to increase in demand for renewable and sustainable energy sources.” - Allied Market Research
WILMINGTON, DELAWARE, UNITED STATES, October 20, 2023 /EINPresswire / --
According to a new report published by Allied Market Research, The global nanotechnology in energy market size was valued at $139.7 million in 2020, and is projected to reach $384.8 million by 2030, with global nanotechnology in energy market forecast expected at a CAGR of 10.7% from 2021 to 2030.
Nanotechnology, which involves manipulating materials at the nanoscale (typically at the level of individual atoms or molecules), holds significant promise in the energy sector. It offers opportunities to enhance energy production, storage, and efficiency while reducing environmental impacts.
Download Sample Pages:
The Asia-Pacific nanotechnology in energy market is projected to grow at the highest CAGR of around xx%, in terms of revenue, during the forecast period.
Nanotechnology has the potential to revolutionize the energy industry by enabling the development of more efficient and cost-effective energy technologies. Nanotechnology refers to the science of manipulating matter at the atomic and molecular scale to create new materials and devices with unique properties.
Top Companies
Nano Dimension, Ablynx, Advance reproductions corporation, Z-medica LLC, InMat Inc, APS material, Inc., Solarmar energy, Inc., Solar Botanic Ltd., Rogue Valley Micro, and Advanced Nanoproducts.
On the basis of material type, the global nanotechnology in energy market is segmented into nanostructured material, carbon nanotubes, fullerene, others. The applications covered in the study include photovoltaic film coating, fuel cells and batteries, thermoelectric materials and aerogels.
Some of the ways that nanotechnology is being used in the energy industry include:
Solar Cells: Nanotechnology is being used to develop new materials for solar cells that can absorb more sunlight and convert it into electricity more efficiently. For example, nanocrystals of materials such as silicon and perovskites can be engineered to improve the absorption of sunlight and reduce energy loss through heat.
Energy Storage: Nanotechnology is being used to develop new materials for batteries and other energy storage devices that can store more energy in a smaller space and charge and discharge more quickly. For example, nanomaterials such as graphene and carbon nanotubes can be used to increase the surface area of electrodes, allowing for more energy to be stored.
Get a Customized Research Report:
Fuel Cells: Nanotechnology is being used to develop new catalysts for fuel cells that can improve their efficiency and reduce their cost. For example, nanoparticles of platinum and other metals can be used as catalysts to improve the efficiency of fuel cells that generate electricity from hydrogen.
Energy Efficiency: Nanotechnology is being used to develop new materials for insulation and other building materials that can improve energy efficiency and reduce energy consumption. For example, nanomaterials such as aerogels and nanoporous materials can be used to create insulation that is thinner, lighter, and more effective than traditional insulation.
Production of nano particles is little dangerous for working staff as these particles can be inhaled and settle in the human body such as brain and lungs. This situation can cause significant increase in biomarkers for inflammation and stress.
Rapid increase in the electrical industry, increase in demand for nanotechnology in renewable energy, and high efficiency of nano-materials as compared to traditional materials are expected to create increased growth opportunities for the nanotechnology in energy market during the forecast period.
Impact Of Covid-19
Emergence of COVID-19 had a positive impact on growth of the global market for a short period.
Increasing electricity usage and use of energy storage due to shifting working preferences is expected to boost the global market for a short span of time.
Buy This Report (240 Pages PDF with Insights, Charts, Tables, and Figures):
The use of nanotechnology brought improvement in contact tracing tools during the covid-19 pandemic.
Trending Reports in Energy and Power Industry:
Energy ESO Market
Advanced Energy Market
Renewable Energy Market
Energy Transition Market
AI in Energy Market
Biopower Market
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
MENAFN20102023003118003196ID1107275773
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.